Think fast and slow as a model for better team decisions

Host: Peter Beck

Dropbox

Daniel Kahneman

Prime Directive: Regardless of what we discover, we must understand and truly believe that everyone did the best job he or she could, given what was known at the time, his or her skills and abilities, the resources available, and the situation at hand.

'Think fast and slow‘ is a vocabulary so that individuals and teams can talk about the decisions and the potential errors they made. (not an accurate citation of Daniel Kahneman; found somewhere in the foreword of the book)

1. short introduction 2. working groups How can we use the model? 3. gallery

experiment

You have to hire a new team member

Alan: intelligent industrious (arbeitsam) impulsive critical stubborn envious (neidig)

Albert: envious stubborn critical impulsive industrious intelligent

System 1: Fast, effortless, intuitively, automatic, assoziative, subconscious

System 2: Slow, effortful, logical, concentrating, logic computing, conscious

Working Groups

   1. What are typical errors of judgment in retrospectives and/or in the daily work of a team?
   2. What are known tools to overcome them? Explained them with the model of Daniel Kahneman?
   3. What could be new tools for the team/group based on the model to make better decisions?
   4. What are typical errors of judgment of the facilitator/coach?
   5. How can we self-reflect and improving the quality of our decisions? 

assumptions heuristics = error of judgment

Heuristics and biases

Anchoring Availability Substitution Optimism and loss aversion Framing Sunk-cost